India has announced an ambitious initiative to construct a 1,600-kilometer undersea power cable linking its energy grid with that of the UAE, representing an investment of INR 40,000 crore (approximately USD 5 billion). This mega-project aims to facilitate a mutual exchange of up to 2 gigawatts (GW) of electricity, thereby enhancing the cooperation on clean...
The Energy Commission of Ghana has formalized a partnership with Global South Utilities (GSU), an investment firm based in Abu Dhabi, through a newly signed Memorandum of Understanding (MoU). This collaboration aims to enhance the efforts towards transitioning Ghana’s energy sector, focusing on promoting technical cooperation, knowledge exchange, and investment collaborations. As Ghana seeks to...
The global green hydrogen market is expected to show remarkable growth, with projections estimating the market will be worth approximately USD 188.9 billion by 2035. This growth trajectory represents a compound annual growth rate (CAGR) of 31.2% between 2026 and 2035, highlighting the increasing demand for sustainable energy solutions. According to a recent report by...
The global green hydrogen market is projected to witness significant growth, with estimates indicating it could reach approximately USD 188.9 billion by the year 2035. This growth represents an impressive compound annual growth rate (CAGR) of 31.2% from 2026 to 2035, according to a recent report by Custom Market Insights. The market was valued at...
Adnoc, the leading fuel retailer in the UAE, has announced its current strategy to invest in upgrading Shell’s service station network rather than diving into the establishment of a future electric vehicle (EV) charging infrastructure. While the push for sustainable energy and EV adoption is gaining momentum globally, Adnoc emphasizes that the appropriate conditions in...
Abu Dhabi National Oil Company (Adnoc) has solidified a new 15-year agreement with Japan’s Inpex, focusing on the supply of liquefied natural gas (LNG) from its Ruwais facility. This announcement underscores Adnoc’s strategic push to expand its global footprint in the energy market, coming in the wake of the recent launch of a joint global...
The United Arab Emirates (UAE) has ramped up its crude oil production to approximately 3.8 million barrels per day (bpd) in June, marking a significant increase following its withdrawal from OPEC. This production surge is notably driven by heightened demand from Chinese buyers, as reported by multiple sources familiar with production data. As the UAE...
Abu Dhabi is setting a new precedent in global economic development by pioneering the world’s first integrated energy-artificial intelligence economy. This initiative marks a shift from a competitive focus on isolated sectors such as energy, logistics, and digital technology, toward creating a seamless ecosystem that interconnects these vital domains. This integrated approach not only enhances...
Saudi Arabia and Indonesia have signed several agreements and memorandums of understanding valued at approximately $27 billion. These deals, reported by the Saudi state news agency SPA, involve private sector institutions and focus on areas such as clean energy and petrochemicals. The agreements were finalized during the visit of Indonesian President Prabowo Subianto to Saudi...
NMDC, India’s largest iron ore producer, celebrated a significant milestone with the inauguration of its new international office in Dubai, UAE, on Tuesday. This strategic move is intended to strengthen NMDC’s global presence and support its vision of becoming a multinational mining powerhouse, as stated in a company release. The office was officially inaugurated by...